Ethereum Watch

From a medium-term perspective, it’s been an extremely strong year for Ethereum. Advertisements From the capitulation lows of approximately $85 seen in March of this year, the largest altcoin has gained around 200%. And since the start of the year, ETH’s gains are approaching 100%. But stepping back, Ethereum is actually a poor performer on […]

Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. Advertisements The continuation pattern estimates that a spike in demand for Ether that […]

Ever since its then-record $232 million ICO (initial coin offering) back in 2017, Tezos (XTZ) has earned a justifiable amount of buzz in the crypto world. But does the Swiss-US joint venture have legs? Advertisements First off, it’s important to understand what makes Tezos stand out among the thousands of cryptocurrencies on the market. XTZ […]

Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250. Advertisements ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar. It is facing a couple […]

The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher. It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down. Ethereum has set a […]

Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Advertisements Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a […]

Ethereum has had a solid year so far, backed by an apparent increase in user activity and demand for ETH. Five crucial metrics portray the optimistic medium-term outlook on the dominant smart contracts blockchain network. Advertisements The five metrics are an increase in Truffle Suite downloads, Ethereum DApps, daily transactions, decentralized finance (DeFi), and blockchain […]

Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone. Advertisements Ethereum is trading in a positive zone above the $230 and $232 levels. The price rallied above the $240 level and it is currently correcting gains […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. Advertisements ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 […]